Global Vinyl Methyl Silicone Market Outlook to 2027
Vinyl Methyl Silicone is a synthetic elastomer material that is ideal for high and low-temperature applications. According to BlueQuark Research & Consulting, the global Vinyl Methyl Silicone market is expected to witness a significant growth rate during the forecast period. Factors such as the growing demand for Vinyl Methyl Silicone in the Automotive industry attributed to its high wear and tear strength, high flexibility, and high durability have made Vinyl Methyl Silicone a preferred choice in the industry to manufacture automotive components gaskets, seals, tubing, etc. Furthermore, the non-conductive, excellent dielectric strength and great resistance towards water, acids, solvents, oxidation, oils, and fuels have increased its demand for Vinyl Methyl Silicone in the Electronics sector for wire and cable insulation. The demand for Vinyl Methyl Silicone in the medical industry for wound dressing and surgical implants has been on the surge due to its excellent biocompatibility. However, the fluctuations in the prices of raw materials for Vinyl Methyl Silicone manufacturing are expected to hamper Vinyl Methyl Silicone market growth in the forecasted years.
Vinyl Methyl Silicone is used to manufacture gaskets, connectors, cable terminators, sealants, reflectors, insulators, O-rings, medical cable, membranes, valves, etc. It serves various end-users like Automotive, Electrical, Construction, and Medical Industries.
The Automotive Industry is a prime consumer of Vinyl Methyl Silicone globally and is expected to drive the future market. The Vinyl Methyl’s high heat and oxidative stability, outstanding low-temperature flexibility, and resistance to many chemicals, weathering, ozone, and sunlight make it a preferred choice for automotive manufacturers globally. The increasing population and rapid urbanization have increased the sales of automotive vehicles globally, driving the automotive industry. Owing to the rapid urbanization in emerging countries like China and India, the sales of commercial vehicles such as trucks, tractors, and trailers are on the surge. Furthermore, the automotive industry is experiencing a boom in the electric vehicle market. The environmental awareness amongst citizens coupled with the government offering subsidies on its purchase further propels the automotive industry. With the increasing and aging population of the world, the medical industry is expected to play a crucial role in increasing demand for Vinyl Methyl Silicone globally. The demand for Vinyl Methyl Silicone for surgical implants is expected surge during the forecasted years. Thus, the increasing automotive, construction and medical demand are all set to propel the future Vinyl Methyl Silicone market.
Major global players in the industry wereWacker Chemie, Evonik Industries, Arkema, Shandong Dayi Chemical, Bluestar New Chemical Materials, PCC Group, among others.
The Asia Pacific has been the dominating region in the production and consumption of Vinyl Methyl Silicone and is expected to continue at the same pace. Owing to the increasing population in the region, the demand for automotive vehicles increases the Vinyl Methyl Silicone demand. With the rapid industrialization in the region, the demand for heavy-duty vehicles for commercial purposes is also increasing. Since China's growth rate had been impressive in the last decades, the following decade is also expected to witness the same rise, making China a leader in Vinyl Methyl Silicone demand. Further, China has the most prominent automotive industry and is expected to consolidate its prime Vinyl Methyl Silicone market. The medical and healthcare industry is booming in the region. According to the IBEF, the medical industry is expected to reach USD 372 billion by 2022, with the Indian Government allocated USD 4.8 billion in their Union Budget 2021 for Covid-19 vaccines. The electrical industry also has massive potential in the region, with countries like Japan, China, India, and Malaysia, leading the industry. The demand for Vinyl Methyl Silicone in electronics is expected to surge with the manufacturing market slowly shifting towards the east, which China leads. Factors like the growth of the automotive, construction, medical, and electronics sector are expected to drive the Vinyl Methyl Silicone market in the region.
In January 2021, Momentive Performance Materials Inc. announced the acquisition of KCC Corporation's silicone business in Korea, the UK, and sales in China to strengthen its footing in the industry further.
Global Vinyl Methyl Silicone Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Vinyl Methyl Silicone market by segmenting based on the Type (Solid, Liquid, Others), End-User Industry (Automotive, Medical, Electronics, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Vinyl Methyl Silicone is used to manufacture gaskets, connectors, cable terminators, sealants, reflectors, insulators, O-rings, medical cable, membranes, valves, etc. It serves various end-users like Automotive, Electrical, Construction, and Medical Industries.
The Automotive Industry is a prime consumer of Vinyl Methyl Silicone globally and is expected to drive the future market. The Vinyl Methyl’s high heat and oxidative stability, outstanding low-temperature flexibility, and resistance to many chemicals, weathering, ozone, and sunlight make it a preferred choice for automotive manufacturers globally. The increasing population and rapid urbanization have increased the sales of automotive vehicles globally, driving the automotive industry. Owing to the rapid urbanization in emerging countries like China and India, the sales of commercial vehicles such as trucks, tractors, and trailers are on the surge. Furthermore, the automotive industry is experiencing a boom in the electric vehicle market. The environmental awareness amongst citizens coupled with the government offering subsidies on its purchase further propels the automotive industry. With the increasing and aging population of the world, the medical industry is expected to play a crucial role in increasing demand for Vinyl Methyl Silicone globally. The demand for Vinyl Methyl Silicone for surgical implants is expected surge during the forecasted years. Thus, the increasing automotive, construction and medical demand are all set to propel the future Vinyl Methyl Silicone market.
Major global players in the industry wereWacker Chemie, Evonik Industries, Arkema, Shandong Dayi Chemical, Bluestar New Chemical Materials, PCC Group, among others.
The Asia Pacific has been the dominating region in the production and consumption of Vinyl Methyl Silicone and is expected to continue at the same pace. Owing to the increasing population in the region, the demand for automotive vehicles increases the Vinyl Methyl Silicone demand. With the rapid industrialization in the region, the demand for heavy-duty vehicles for commercial purposes is also increasing. Since China's growth rate had been impressive in the last decades, the following decade is also expected to witness the same rise, making China a leader in Vinyl Methyl Silicone demand. Further, China has the most prominent automotive industry and is expected to consolidate its prime Vinyl Methyl Silicone market. The medical and healthcare industry is booming in the region. According to the IBEF, the medical industry is expected to reach USD 372 billion by 2022, with the Indian Government allocated USD 4.8 billion in their Union Budget 2021 for Covid-19 vaccines. The electrical industry also has massive potential in the region, with countries like Japan, China, India, and Malaysia, leading the industry. The demand for Vinyl Methyl Silicone in electronics is expected to surge with the manufacturing market slowly shifting towards the east, which China leads. Factors like the growth of the automotive, construction, medical, and electronics sector are expected to drive the Vinyl Methyl Silicone market in the region.
In January 2021, Momentive Performance Materials Inc. announced the acquisition of KCC Corporation's silicone business in Korea, the UK, and sales in China to strengthen its footing in the industry further.
Global Vinyl Methyl Silicone Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Vinyl Methyl Silicone market by segmenting based on the Type (Solid, Liquid, Others), End-User Industry (Automotive, Medical, Electronics, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 Solid
5.1.2 Liquid
5.1.3 Others
5.2 By End-User Industry
5.2.1 Automotive
5.2.2 Medical
5.2.3 Electronics
5.2.4 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Wacker Chemie
7.2 Evonik Industries
7.3 Arkema
7.4 Shandong Dayi Chemical
7.5 Bluestar New Chemical Materials
7.6 PCC Group
7.7 Clearco Products
7.8 BASF SE
7.9 Zhejiang Sucon Silicone
7.10 Shin-Etsu Chemical
7.11 Dongyue Group
7.12 Gelest
7.13 Xinhaihong Chemical
7.14 Sibond Inc
7.15 Minmetals East Co.
* List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 Solid
5.1.2 Liquid
5.1.3 Others
5.2 By End-User Industry
5.2.1 Automotive
5.2.2 Medical
5.2.3 Electronics
5.2.4 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Wacker Chemie
7.2 Evonik Industries
7.3 Arkema
7.4 Shandong Dayi Chemical
7.5 Bluestar New Chemical Materials
7.6 PCC Group
7.7 Clearco Products
7.8 BASF SE
7.9 Zhejiang Sucon Silicone
7.10 Shin-Etsu Chemical
7.11 Dongyue Group
7.12 Gelest
7.13 Xinhaihong Chemical
7.14 Sibond Inc
7.15 Minmetals East Co.
* List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
North America Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
United States Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Canada Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Mexico Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Europe Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
United Kingdom Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Other Supporting Charts
Germany Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Italy Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
France Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of Europe Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
South America Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Brazil Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Argentina Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of South America Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Asia-Pacific Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
China Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
India Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Japan Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
South Korea Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of Asia-Pacific Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Midde East & Africa Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Saudi Arabia Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
South Africa Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of Middle-East & Africa Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Global Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
North America Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
United States Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Canada Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Mexico Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Europe Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
United Kingdom Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Other Supporting Charts
Germany Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Italy Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
France Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of Europe Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
South America Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Brazil Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Argentina Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of South America Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Asia-Pacific Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
China Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
India Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Japan Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
South Korea Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of Asia-Pacific Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Midde East & Africa Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Saudi Arabia Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
South Africa Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
Rest of Middle-East & Africa Vinyl Methyl Silicone Market Size, Market Growth & Market Forecast Volume(in Kilo Tons), 2016-2026
